My children 10,6,6 all have savings accounts. What investment accounts should I start for them?

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  • May 23, 2023 at 6:04 pm #82347 Reply
    Megan

      I have a chunk of money they can invest.

      They love saving and will be excited about investments. I have no experience with stocks and trading but if there is something that is kid friendly, they would love that too.

      They save almost every dollar they earn and are not spenders.

      May 23, 2023 at 6:06 pm #82349 Reply
      Andrew

        I’ve got a cool 529 platform that I use that allows me to create a landing page for my kids so that other people could put money toward the college (or Roth in the future since you can roll 529’s to a Roth IRA after 15 years now).

        As far as invest investment options just any fund that “Large-cap” or “Large Cap Growth” will be a good option for long term investing.

        May 23, 2023 at 6:08 pm #82350 Reply
        Nate

          I put my sons investments just in VTI (ETF version of VTSAX). I keep it in my name due to fasfa etc.

          May 23, 2023 at 6:13 pm #82351 Reply
          Don

            THE SIMPLE PATH TO WEALTH book.

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